SNAP Benefits Recipients in Mercer County, NJ
CBR34021NJA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,452.00
Year-over-Year Change
12.87%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Mercer County, NJ' trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Mercer County, New Jersey. This data is crucial for policymakers and economists to understand food security and poverty levels in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the monthly count of SNAP benefit recipients in Mercer County, a county in central New Jersey. SNAP is the federal program that provides nutrition assistance to millions of eligible, low-income individuals and families. The Mercer County SNAP data is an important indicator of economic conditions and need within the local community.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
Trends in SNAP participation help inform policy decisions around food assistance programs and anti-poverty initiatives.
Key Facts
- Mercer County had over 47,000 SNAP recipients as of the latest data.
- SNAP benefits provide an average of $126 per person per month in Mercer County.
- The Mercer County SNAP recipient rate is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Mercer County, New Jersey.
Q: Why is this trend relevant for users or analysts?
A: The Mercer County SNAP data is an important indicator of food security and poverty levels in the local community, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: Trends in SNAP participation help inform policy decisions around food assistance programs and anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Mercer County, NJ (CBR34021NJA647NCEN), retrieved from FRED.